Cryptocurrencies Price Prediction: Ripple, Shiba Inu & Zilliqa – American Wrap 23 June
|XRP Price Forecast: Ripple could jump to $0.80 in one day
XRP price is surfing on the recovery wave. After the dip this morning, Ripple is on a steep recovery and looks to shoot for the stars today. The cross-border payment token's price action above S1 is all clear for a jump to $0.80. XRP price has already recovered 30% since the test of the low this morning, just above $0.50, and looks for further gains.
Shiba Inu price contemplates 32% advance amid multiple overhead barriers
Shiba Inu price set up a bottom at $0.00000520 on June 22 and rallied 25%. The immediate resistance level at $0.00000653 and $0.00000812 might hinder the upswing. A breakdown of $0.00000520 will invalidate the bullish outlook. Shiba Inu price appears to have not taken a big hit compared to BTC and other altcoins in terms of drawdown. SHIBA formed a bottom just below the swing low on June 12. Despite the presence of resistance levels, the dog-themed crypto looks to advance.
Zilliqa Price Prediction: ZIL forms a double bottom, marking the end of the downtrend
Zilliqa price traded quite heavily after a 32% correction in the past few days. The sharding blockchain got caught in the risk-off sentiment that has soured the markets after the Fed revised rate hikes for 2023. ZIL 12-hour chart displays the RSI entering oversold territory. Zilliqa price has had a rough few days after the surprise announcement of the Fed. ZIL is looking for some support and that might come in sight.
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